Order backlog shrinks 21% as Southeast and South Central regions lead declines.
Price for wood pellets exported from Vietnam to South Korea rose 3%.
Price for lumber imported to Saudi Arabia expanded 5%.
Exports of lumber from Chile slipped 3%.
15-year rate climbs to 6.03% as spring homebuying demand outpaces 2024 by 13%.
China ranks first in wood machinery exports, Germany second, and Italy third in 2024 volume.
Spruce logs reach Euro 84/m3 while trade volumes exceed five-year average by 17%.
Log prices increased 7% from February.
Exports of lumber from Norway expanded 23%.
Stora Enso has obtained unconditional clearance from the Finnish competition authority to acquire sawmill operator Junnikkala.
Sims to take over as chief operating officer in May before stepping into CEO role in January 2026.
Voith will replace several components as part of the rebuild. These include the new MasterJet 4Tec headbox with ModuleJet dilution control, as well as the wire, press and dryer sections.
Pixelle paper mill closure affected around 800 employees.
Imported lumber prices in Egypt held steady at December levels.
Price for wood chips exported from Chile upped 2%.
Exports of plywood from Chile contracted 11%.